US STOCKS - Wall Street Ends Higher as Investors Firm Bets on Trump Win

July 16, 2024, 04.18 AM | Source: Reuters
US STOCKS - Wall Street Ends Higher as Investors Firm Bets on Trump Win

ILUSTRASI. US STOCKS - Wall Street Ends Higher as Investors Firm Bets on Trump WinREUTERS/Brendan McDermid

WALL STREET - NEW YORK, July 15 (Reuters) - Wall Street closed higher on Monday, building on Friday's rally as increasing expectations of a second Donald Trump presidency in the wake of a failed assassination attempt raised hopes of a looser regulatory environment.

The growing probability that the U.S. Federal Reserve will begin cutting its key interest rate as soon as September also helped feed risk appetite.

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